Will Recent News Hurt Intel’s Stock?
T = Trends for a Stock’s Movement
Intel designs and manufactures integrated digital technology platforms, including microprocessors and chipsets. The company sells these platforms primarily to original equipment manufacturers, original design manufacturers, and industrial and communications equipment manufacturers in the computing and communications industries. Intel’s platforms are used in a range of applications such as personal computers, data centers, tablets, smartphones, automobiles, automated factory systems, and medical devices.
A little while ago, there was a lot of speculation that Intel was going to be in the next Nexus tablet from Google (NASDAQ:GOOG) (NASDAQ:GOOGL). First “official” speculation that Intel would win this design came from Digitimes in early January 2014. The reasoning here makes quite a bit of sense since ASUSTek, the company that designed the prior two Nexus tablets, has now more or less gone to Intel for all tablet silicon. According to a leak over at site MyDrivers, the next generation Nexus 8 will sport a Qualcomm (NASDAQ:QCOM) applications processor and run Android 4.5. The most interesting tidbit surrounding this leak, however, is that the applications processor will be 64-bit capable. If we take a look at Qualcomm’s chip portfolio, we see that only the Snapdragon 410 (which is a low-end, low-cost smartphone chip targeted) will be available to fit particular bill during the Q3 timeframe. The Snapdragon 610/615 will pack a bit more “oomph,” and would be the logical successors to the Snapdragon 600-esque (it is Snapdragon S4 Pro’s CPU with Snapdragon 600′s graphics block) chip found inside of the 2013 edition of the Nexus 7. But Qualcomm has indicated that these parts will be available “by the end of 2014,” putting them out of the running. The higher end Snapdragon 808/810 parts won’t be available until 2015, so those are out too.